Keweenaw Bay Ojibwa Housing and Community Development Corporation
The Keweenaw Bay Ojibwa Housing and Community Development Corporation is a nonprofit organization that has been provided one AFI grant since 2009, with the objective of increasing homeownership, educational opportunities, and business capitalization.
The IDA program emphasizes homeownership, educational opportunities, and business capitalization, with the goal of empowering the local community to successfully build assets in a way that alleviates the effects of poverty and unemployment. This grantee has been successful in establishing financial education training, one-on-one coaching, asset-specific training, and tax preparation at little or no cost to their participants.
Partners
The Keweenaw Bay Ojibwa Housing and Community Development Corporation partners with KBIC's Weed and Seed project, the Keweenaw Bay Ojibwa Housing Authority (a past AFI grantee), Finlandia University's Educational Talent Search Program, the First Step Program, Chippewa Valley Bank, and the local USDA rural development office, all of which provide training and referrals.
Assets for Independence Grant History
Project Title
Keweenaw Bay Indian Community Matched Savings Project
Highlights/Outcomes
17 IDAs have been opened.
17 participants have received financial education.
$9,080 saved by participants.
4 participants have purchased an asset.
Total AFI Funding
Total AFI Grant Funding:
$64,702
Total Non-Federal Support: $64,702
Focus Population
The Keweenaw Bay Ojibwa Housing and Community Development Corporation targets eligible residents of KBIC in and around the L'Anse Reservation in Michigan's remote Upper Peninsula.
Contact
Keweenaw Bay Ojibwa Housing and Community Development Corporation
220 Main Avenue Suite 26 Baraga, MI 49908
(906) 353-7117
